SIMI VALLEY, Calif., Nov. 1, 2018 /PRNewswire/ -- Airborne Wireless Network (OTC Pink: ABWN or the Company) is proud to announce that THINKING DIFFERENT TECHNOLOGIES B.V. doing business as TDT SYSTEMS, INC. (TDT) has completed the custom software necessary for the ongoing lab and field testing of the two Free Space Optics units and our contemplated two-plane flight test. The Company believes that this is significant because this software will be integral as the development of the contemplated Infinitus Super HighwaySM continues, subject to various factors. In addition, based upon the design of this software, the software can be updated to support any number of Free Space Optics units.
Michael J. Warren, Chief Executive Officer of ABWN stated: "We thank TDT for providing this custom software necessary for the Company's continued testing as well as designing the software so that it can be expanded to support numerous Free Space Optics units. Even though this is a significant event, the Company still has additional testing and a lot of work going forward with many unknowns."
Evert Van Den Brandhof, Director of TDT added: "I unequivocally state that the TDT software has been and is developed for Airborne Wireless Network with top quality and efficiency. We have been excited to complete and deliver this stage of the software."
About Airborne Wireless Network
Airborne Wireless Network intends to create a high-speed broadband airborne wireless network by linking commercial aircraft in flight. It is projected that each aircraft participating in the network will act as an airborne repeater or router, sending and receiving broadband signals from one aircraft to the next and creating a digital information superhighway in the sky. The Company intends the network to be a high-speed broadband internet pipeline to improve coverage and connectivity. The Company does not intend to provide retail customer coverage to end users, but, instead, act as a wholesale carrier with target customers, such as internet service providers and telephone companies.
Currently, the world's connectivity is achieved by use of undersea cables, ground-based fiber and satellites. The Company believes that the Company's airborne digital highway may be a solution to fill the world's connectivity void. The Company's network, once developed, should provide low cost, high-speed connectivity to rural areas, island nations, ships at sea, oil platforms, in addition to connectivity to commercial and private aircraft in flight.
About Thinking Different Technologies TDT BV
Thinking Different Technologies TDT BV is a Netherlands-based company engaged in research, prototyping and patenting in the domains of radio engineering, electronics, chaos non-linear telecommunication, Instant X-Dimensional Biometrical Human Mapping based on chaos, new independent sources of energy fabrication, energy savings in metallurgy and chemical industries, gravity and anti-inertia phenomena, economy of fuel in automotive and aviation industries, change of the physical properties of the material, cold fusion, synthesis of new materials for new applications, Direct Optical Non-Linear Amplification, Artificial Intelligence in stock exchange trading applications, traditional stock exchange trading software with ultra low latency and wide supporting software engineering developments for all those domains.
Notice Regarding Forward-Looking Statements:
This release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These statements are based upon the current beliefs and expectations of the company's management and are subject to significant risks and uncertainties. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward- looking statements.
Risks and uncertainties include, but are not limited to, availability of capital; the inherent uncertainties associated with developing new products or technologies and operating as a development stage company; our ability to raise the additional funding we will need to continue to pursue our business and product development plans; our ability to develop and commercialize products based on our technology platform; competition in the industry in which we operate and market; general industry conditions; general economic factors; the impact of industry regulation; technological advances; new products and patents attained by competitors; manufacturing difficulties or delays; dependence on the effectiveness of the company's patents; and the exposure to litigation, including patent litigation, and/or regulatory actions.